Latest blogs for Specialisms

The second Budget of the year is due to take place on 30 October 2024. We knew one would be happening, and expected that there would be many changes announced. More will no doubt come in the next few weeks.   Ahead of this, there is confirmation of the new rules relating to Furnished Holiday…

Amazon has recently announced changes in the VAT treatment of fees that will significantly impact UK sellers.   What Used To Happen? Previously, UK VAT-registered sellers only paid VAT on UK advertising fees which were billed from London. All other fees were billed from Luxembourg and generally fell under the Reverse Charge Mechanism.   What…

The Fenland Rural England Prosperity Fund (REPF) is here to help business owners in Fenland looking to invest in a capital project.   How Does It Work? Eligible businesses can apply for a grant of up to £10,000 to support projects such as farm diversification, building projects, new equipment, and more. This initiative, funded by…

As accountants, we may not be the first people you think about on this Back British Farming Day 2024, but as a local, market town firm in East Anglia we serve a range of farming clients from small tenant farmers to landowners of upwards of 1,000 acres.   Despite the range of farms and variances…

Charity regulator The Charities Commission has published research showing that public trust in charities across England and Wales has reached a ten-year high.   According to the research, the two most important things the public are interested in when it comes to charities are: Where the charity spends spend their money; and That the charity…

Protecting your organisation from cyber threats is more critical than ever in today’s digital age.   One of the most effective ways to protect your organisation from cyber threats is through comprehensive end-user training. Decisive IT  is Whitings LLP’s IT consulting and support subsidiary and we offer an end-user cybersecurity training service. This provides a…

Cash basis for landlord accounts – what does this mean for property businesses?   The default method by which accounts need to be undertaken has changed from April 2024 for all businesses, from one of an accrual basis to a cash basis. However, for individuals property businesses this has been the case since April 2017.…

Whitings are here to help in times of uncertainty. Individuals and businesses alike prefer certainty, however this is perhaps something there hasn’t been since COVID-19 and what that brought to us. Now, with a change of Government and their manifesto titled “Change” I think that we can all be certain that the uncertainty will continue.…

Hauliers edge closer to justice in a landmark ruling in the Truck Cartel Case.   An Update In a significant victory for the Road Haulage Association (RHA) and over 18,000 haulage operators, the Competition Appeal Tribunal has granted a Collective Proceedings Order (CPO) to the RHA. This ruling allows the RHA to seek compensation for…

Issue 6 of our Property Matters Newsletter is here!   In what has been a year of change and indeed challenges we have now heard the Kings Speech and what the new government will be looking to do in this new parliament.   The headlines have concentrated upon the need for many more new houses,…